Global Snow Sports Apparel Market 2019-2023 | Use of Virtual Reality to Enhance the Consumer Shopping Experience to Boost Gro...
October 18 2019 - 07:30AM
Business Wire
The global snow sports apparel market is expected to post a CAGR
of close to 5% during 2019-2023, according to the latest market
research report by Technavio. Request a free sample
report
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Technavio has announced its latest market
research report titled global snow sports apparel market 2019-2023.
(Graphic: Business Wire)
The global snow sports apparel market is recording a significant
influx of snow sports enthusiastic population for recreational
activities such as skiing, snowboarding, mountaineering, and
climbing. To meet the growing demand for snow sports apparel,
vendors are expanding their product portfolios. Moreover, vendors
that were offering sports and outdoor clothing have also started
providing a variety of snow sports apparel since the last decade.
Hence, the broad product mix made by vendors will drive the global
snow sports apparel market growth during the forecast period.
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market research, download a free sample:
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As per Technavio, the use of virtual reality to enhance consumer
shopping experience will have a positive impact on market growth
over the forecast period. This research report also analyzes other
significant trends and market drivers that will affect market
growth over 2019-2023.
Global Snow Sports Apparel Market:
Growing Trend of Virtual Reality to Enhance the Consumer Shopping
Experience
The emergence of virtual reality (VR) will be one of the vital
snow sports apparel market trends that will gain traction over the
forecast period. Virtual shopping is gaining immense popularity in
the retail industry as it enables buyers to try on a variety of
apparel, including snow sports apparel for fitting, color, and
style. For instance, Adidas has introduced a 360-degree shopping
experience by incorporating VR to e-commerce retailing. The virtual
reality shopping experience will encourage snow sports enthusiasts
to purchase more snow sports apparel, which will boost the market
growth over the forecast period.
“Apart from the growing trend of virtual
reality to enhance the consumer shopping experience, the
availability of a wide product mix and assortment coupled with the
rising popularity of digital payment systems are a few other major
factors that will boost market growth during the forecast period,”
says a senior analyst at Technavio.
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Global Snow Sports Apparel Market:
Segmentation Analysis
This market research report segments the global snow sports
apparel market by product (alpine apparel and snowboard
apparel) and geographical regions (the Americas, APAC, and
EMEA).
The Americas led the market in 2018, followed by EMEA and APAC.
During the forecast period, the Americas is expected to maintain
its dominance over the global market. This is due to the growing
participation in sports due to the rising health concerns in the
region.
Technavio’s sample reports are free of charge and contain
multiple sections of the report, such as the market size and
forecast, drivers, challenges, trends, and more. Request a free
sample report
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focus on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
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and potential markets and assess their competitive positions within
changing market scenarios.
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